Introduction
In assessing Guyana’s public investment strategy I have described both the Marriott Hotel project and the presidential spectrum giveaways as “opportunistic rogue investing.” Both activities reveal an abysmal absence of public information, as well as zero opportunities for independent/scrutiny of the methodology employed in their selection. For these reasons alone, the public is unwilling to give these decisions a pass, leading me to classify them also as “troubled projects.”
In today’s column I offer further reflections on these projects and the notion of opportunistic rogue investing. Hopefully this would help clarify the great extent to which these projects also reveal the absence of systematic thinking on the part of the state in its public investment spending.
Opportunistic rogue investment project
In my characterization an opportunistic rogue investment has at least one or more of the
